Both Sides of the Table

JULY 22, 2010

Due to competitive markets we ended up with a pretty good term sheet until we needed to raise money in April 2001 and then we got completely screwed. When I went to raise money in 2006 I thought I knew every term in a term sheet but somehow I still got a bit duped by the option pool shuffle. This is a shame. This is silly talk.

Valuation 405

Valuation Liquidation Preference Pre-Money Valuation Term Sheet 405

Austin Startup

JUNE 27, 2017

Valuations in startups increased dramatically during the Dot Com boom and then both valuations and the availability of investment capital nationally collapsed in 2001 with the Dot Com bust and 9/11. Entrepreneurs with early stage companies typically look for local funding before going out of region to pursue other funding sources.

Venture Capital 54

Venture Capital Austin Texas Private Equity 54

Agile VC

JULY 19, 2012

Back in the 2000-2001 timeframe, a flood of LP capital was coming into the VC asset class given the strong returns of the mid-late 90s tech boom/bubble. Though they only started in 2006, Foundry’s obviously off to a great start with investments in Zynga and AdMeld and a promising portfolio of others.

Cofounder 193

Cofounder Limited Partner Early Stage LP 193

Steve Blank

FEBRUARY 17, 2016

She received the AUTM 2001 Bayh-Dole Award for her efforts in university licensing, and is currently a member of the NIH Advisory Committee to the Deputy Director of Intramural Research. Orin : … (The problem of getting someone interested in University technology is even tougher than it sounds) … take the role of a venture capitalist. …

Government 120

Government Entrepreneur Intellectual Property Silicon Valley 120

Both Sides of the Table

SEPTEMBER 2, 2009

A friend of mine is a serial entrepreneur and is running a high-profile, early stage company in NorCal. In my first company I had to raise money in April 2001 or die. The company did well in 2006 as we delivered a phenomenal product that got much industry acclaim at conferences and with initial customers.

Founder 329

Founder Liquidation Preference Term Sheet Participating Preferred 329

David Teten

FEBRUARY 3, 2014

2006) [iii]. Leading Late-Stage Technology Investors’ Portfolio by Geography, 2001-1Q2010. Battery & Sequoia data only include late stage/growth equity deals. Their late stage deals outside of the venture centers outperform by ~5% vs. those in the venture centers; early stage deals outperformed by ~4%.

Private Equity 114

Private Equity Venture Capital Technical Review Equity 114

Both Sides of the Table

FEBRUARY 25, 2010

I lived through this again September 2001. When Salesforce.com decided to buy my company in December 2006 I dropped everything and focused religiously on closure. I’ve offered to fund an early stage company where I promised cash in bank in less than 30 days. I lived through this again September 2001.

Technical Review 301

Technical Review Term Sheet Due Diligence Venture Capital 301